Wednesday, March 12, 2008

German to invest euro 200m in Rwanda

By Bosco Hitimana of The EABW

"KIGALI, RWANDA – The African Development Corporation (ADC), a newly created Germany company seeks to invest some euro200million (305.4m) in Rwanda’s financial sector.

The company is a subsidiary of Altira Group (AG) one of the leading independent asset management companies in Germany.

In a press statement issued by the Altira Group (AG) in Germany after creating ADC on January 22, the Germany Company noted that there will be a particular investment focus in Rwanda, which is one of the most booming countries in Eastern Africa with annual growth of over 6%."

Category: Rwanda + Investment + Economy

No comments: